I don't see how private will fund explorations. SP low has several reasons...
1) Some investors want to see sp low to accumulate more shares or prevent options exercised
2) sp based on a few sellers... someone could sell 1 share (aka bot) to push sp down 10% 30sec before close
3) Investors are worry about low copper price & BML needs more cash (eg placement and/or capital raising) - BML has a bit of cash to last for a while, hopefully get some good results
From my experience, microcap stocks daily sp is not very important.
I hold more than 600K shares (recently), I certainly would like sp to fall even lower so I can accumulate more shares. Alternatively, if I want I can speak to company about share placement if they need more cash.
Copper price can remain low if global recession (I'll wait before buying more shares), however, on the flip-side high cost producers will be out of business. GCR is trying to mine 0.3% copper assuming Cu at US$5.3/lb (currently $3.5)... good luck with that.
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